BNET Industries
Last Fiscal Year Sales:$1.6B
- Private
- US
Dow Jones Description
Gathering intelligence for business battles! SAS Institute Inc. deals in data warehousing and data mining software used to gather, manage, and analyze enormous amounts of corporate information. Clients use its software to find patterns in customer data, manage resources, and target new business. Founded in 1976, this $1.6 billion company is based Cary, NC and employs about 10,000 people. It also offers industry-specific integrated software and support packages. Some of its clients are Maytag, Air France, and the US Department of Defense. In March 2006 the company acquired the assets of Marketing Resource Management provider Veridiem, Inc., a privately held software company based in Maynard, MA, that helps customers analyze and optimize their returns across the entire spectrum of marketing investments.
Number of Employees 9,921
Peer Companies
NAICS Code Other Technical and Trade Schools: 611519
Recent Events
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Casinos Play SAS Analytics Card, Win Prestigious Innovative Solutions Award
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SAS sues British firm in software copyright dispute
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Goodnight: SAS might 'eke out' 34th straight year of revenue growth
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Invacare Standardizes on SAS® Financial Management, Escapes Spreadsheet Nightmare
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Kyobo Life Insurance Selects SAS to Reduce and Prevent Fraud
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Deutsche Telekom Chooses SAS Marketing Campaign Management as New International Standard
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Developing countries tap SAS data analytics software to improve governance
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SAS Business Analytics Mission-Critical for Broadcaster
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SAP, SAS respond to IBM's planned SPSS acquisition
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IBM to buy SAS competitor SPSS for $1.2B
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Wet Seal selects SAS to size it right
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SAS in Visionaries Quadrant for Enterprise Marketing Management
News & Analysis
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audit and auditing and sas institute - All News and Analysis
CONEXIS Retains Big Four Auditing Firm for Stringent SAS 70 Audit
- 2008-01-24
National Leader in Benefits Administration Excels on Tough Audit Conducted by Big Four Auditing Firm
CPE news
- 2005-09-01
SAS No. 70 Auditing Guidance (DVD/Manual, No. 180301CPA09; VHS/Manual, No. 180300CPA09). Based on the AICPA Audit Guide, this course is designed for CPAs who audit entities that outsource financial processing and prepare SAS No. 70 audit reports as well aSAS No. 70 Auditing Guidance (DVD/Manual, No. 180301CPA09; VHS/Manual, No. 180300CPA09)....
Due professional care in cases of high engagement risk
- 2002-12-01
Surveying a perilous environment In Brief Audit lessons from Andersen and Enron The Enron-Andersen debacle makes for a case study on exercising due professsional care on high-risk audit engagements. Auditing issues that the lawon case highlights include going-concern assessments: related-party disclosures;...
Two Proposed Exposure Drafts on ASB's April 2002 Agenda
BNET
- 2002-04-01
The article is about the Auditing Standards Board ASB discussing two proposed exposure drafts and issuing them as exposure drafts. It explains about the amendment to SAS No. 50,"Reports on the Application of Accounting Principles" to prohibit an accountant from providing a written report on the application of accounting principles...
New SAS Recognizes the Effect of Information Technology on the Audit
BNET
- 2001-04-01
The Auditing Standards Board ASB voted to issue Statement on Auditing Standards SAS No. 94, The Effect of Information Technology on the Auditor's Consideration of Internal Control in a Financial Statement Audit. The proposed SAS describes how IT may affect internal control, evidential matter, and the auditor's understanding of internal...
Audit Committee Communications — SAS No. 90
BNET
- 2000-01-01
The article is about the recommendations for strengthening the independence of audit committees and making them more effective by Blue Ribbon Committee on Improving the Effectiveness of Corporate Audit Committees BRC. Two of the recommendations suggest changes to generally accepted auditing standards. Because of the BRC's recommendations, the Auditing Standards...
ASB Issues Omnibus ED
BNET
- 1999-04-01
This article discusses Auditing Standards Board ASB that issued an omnibus exposure draft of a proposed Statement on Auditing Standards SAS with the title of Audit Adjustments, Reporting on Consistency, and Service Organizations (Omnibus Statement on Auditing Standards—1999). An omnibus SAS addresses several unrelated topics. The proposed SAS provides guidance...
Financial statement and auditing standards update
- 1998-01-01
Readers should be aware of recent updates in financial statement reporting, as well as items under consideration, and how these changes may affect members in making credit decisions. It is hoped that these reports will stimulate thought and discussion as to other changes lenders would prefer to see in such...
Expanding the auditors' role to narrow the expectations gap
- 1994-06-22
Since the early 1970s, the auditing profession has been under increased pressure and scrutiny by government and users of audit reports. The Commission on Auditors' Responsibilities generally known as the Cohen Commission coined the term "expectations gap," referring to the difference between how auditors perceive their role and how financial...
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